kev_nag
kev_nag

kev_nag

Retired, finally. I enjoy learning about crypto and sharing my discoveries. Also, I follow the News closely and enjoy discussing current events. I have no political agenda, but advance views based in reality with a slant toward real world consequences.


So Much For Helping - Voyager Files Rejection of FTX/Alameda Buyout Proposal

25 Jul 2022 5 minute read 0 comments kev_nag

After Hedge Fund Three Arrows Capital defaulted on a $650 Million loan from Voyager, Voyager filed for Chapter 11 Bankruptcy protection while it attempted to reorganize [See, e.g. Nagoda, K. Chapter 11 Bankruptcy For Voyager Digital - Another Victim...

Another Weekend Exploit - This time $1.08 Million Drained from Audius

25 Jul 2022 1 minute read 4 comments kev_nag

On Sunday, July 24, 2022, “a malicious proposal, Proposal #85, requesting the transfer of 18 million Audius’ in-house AUDIO tokens was approved by community voting. First pointed out on Crypto Twitter by spreekaway, the attacker created the malicious...

If Approved (and Thanks to FTX) Voyager Digital Customers Can Get Some Assets Back Early

23 Jul 2022 2 minute read 2 comments kev_nag

In an announcement yesterday (July 22, 2022), at 14:36 ET, FTX and Alameda Ventures offered: Under the joint proposal, customers of Voyager would have the opportunity to start a new account with FTX with an opening cash balance funded by an early di...

Kudos to Tally-Ho: Community Ownership Over Centralized Profiteering - (Take that Metamask!)

23 Jul 2022 3 minute read 1 comment kev_nag

So each time you execute a swap on Metamask you are required to pay a high fee, relatively speaking. Well, for paying that transaction fee, other than getting the trade executed, what do you get - NOTHING! Now, what if I told you there is a Metamask...

Three Arrows Capital (3AC): a Case of Bad Decisions that Should Have Been Avoided

22 Jul 2022 4 minute read 0 comments kev_nag

Well, well, well … the founders of the beleaguered Three Arrows Capital (3AC), Su Zhu and Kyle Davies, have finally resurfaced from their 5 week absence. Claiming they were in hiding away from death threats, they now show their faces and speak with a...

Lawyers for Celsius Claim Investors Gave Up Rights to Their Cryptocurrency

22 Jul 2022 2 minute read 5 comments kev_nag

“Celsius’s 1.7 million registered users across over 100 countries gave up title to the crypto they deposited into Earn and Borrow accounts, according to the firm’s lawyers” [Newar, B. Celsius lawyers claim users gave up legal rights to their crypto....

U.S. Securities and Exchange Commission Blasted for Non-Judicial Actions Against Crypto

21 Jul 2022 2 minute read 1 comment kev_nag

Once again the United States Securities and Exchange Commission faces criticism in its dealing with the cryptocurrency industry. This time, Congressman Tom Emmer (R-MN) has become the latest politician to express displeasure with the unethical manner...

The Contagion Expands - Another Exchange 'Temporarily' Halts Trading, Deposits and Withdrawals

2 Jul 2022 1 minute read 0 comments kev_nag

“Earlier this week, Voyager Digital issued a default notice to Three Arrows Capital, the crypto hedge fund whose apparent recent demise has sent shockwaves throughout the cryptocurrency industry, impacting other firms that had exposure to it” [Haywar...

Tether's Market Cap at 8 Month Low

20 Jun 2022 1 minute read 2 comments kev_nag

Tether presently holds the distinction of being the largest of the stablecoins as well as the third largest of all cryptocurrencies measured by market capitalization. However, the present market turndown is causing a loss in Tether's market value. In...

OK, So What the Hell is In this Lummis-Gillibrand 'Responsible Financial Innovation Act'?

10 Jun 2022 8 minute read 0 comments kev_nag

Introduction According to Senator Kirsten Gillibrand (D-NY), co-author of the ‘Responsible Financial Innovation Act’, “To maintain America as the financial capital of the world, the federal government needs to encourage innovation in the digital asse...